Ben Harper picked an interesting time to start his new job as head of corporate sustainability for Zurich North America. Harper stepped into the role in January. Harper had been with Zurich for nearly 20 years, previously serving as global …
In the April 2020 article “Dealing With Social Isolation,” the Society for Human Resource Management (SHRM) states, “Leaders have a responsibility to help mitigate workplace isolation. They need to prioritize social connections in these unprecedented times of social distancing and …
A large number of Americans working from home due to the coronavirus pandemic aren’t worried about cyber attacks even though they’re at greater risk compared to working in the office, Chubb found in a new survey. Some are even using …
A New York State Department of Health (NYSDOH) report says the coronavirus outbreak that has afflicted nursing homes throughout the state may have resulted from staff and visitors unknowingly infecting residents early in the pandemic. “Unfortunately, we did not understand …
The Houston Rockets and billionaire owner Tilman Fertitta are suing their insurer for denying the National Basketball Association team’s bid to tap its business-interruption insurance policy over revenue losses from the Covid-19 pandemic. Fertitta’s Rocket Ball Ltd. and Clutch City …
Large shipping losses dropped by 20% last year, in a continuation of decade-long trend when losses declined by almost 70%, according to a report published by Allianz Global Corporate & Specialty (AGCS). However, the report warned that the coronavirus crisis …
South Africa’s Prudential Authority expects that business-interruption claims linked to the Covid-19 pandemic poses little systemic risk to the insurance industry. The regulator is in talks with the country’s Financial Sector Conduct Authority and insurance companies on claims from policyholders …
Global reinsurance capital fell 6% to $590 billion for the first quarter of 2020, Aon reported in its June/July Reinsurance Market Outlook report. The report, which also looks at changes in reinsurance demand levels, hot-button reinsurance wording themes and primary …
The COVID-19 pandemic has created challenges for many businesses across the globe, including the insurance industry. But so far, the insurance broker merger and acquisition (M&A) market has remained active even as the pandemic continues to unfold. Before the pandemic, …
A federal judge dismissed lawsuits by Grand Princess cruise ship passengers who sued for emotional distress caused by their fear of exposure to COVID-19, saying that allowing their cases to proceed would “lead to a flood of trivial suits.” Judge …
